What does the mass seizure of Bitcoin miners mean in the US?

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By TP

The United States intensified its seizures, which affect other Chinese companies. The defense of «national security» would invite Asics in the United States. USA intensified its Bitcoin mining team seized policy in more entry ports in the country, extending the confiscation to more Asics brands. Among them, it extended the seizures to the units of the companies Microbt and Canaan, two of the most important manufacturing in the industry. This was reported by cryptootics. The seized policy exists at least since the third quarter of last year, when customs and border protection of the United States (CBP) seized teams from the Antminer S21 and T21 series of Bitmain.

First Chinese technology seizures «potentially dangerous»

At the time, the reason for the seizures was not clear, and it was speculated that they were related to that Antminer control plates use Sophgo chips. This is a Chinese company with commercial restrictions In the United States. The reason that this company suffers these restrictions to bring its products to the US. It obeys that it is included in a list of 25 companies that would not be “well seen” by the US government, from the administration of Joe Biden. In addition, the confiscation of Bitcoin mining equipment would be apparently related to disposition 19 USC 1595a (c) (2) (a) of the United States Legal Code. According to a CBP letter, the miners do not comply with the norms of the Federal Communications Commission (FCC) and were “seized and subject to confiscation” when they were «Unauthorized communications teams» and «radiofrequency teams» that cause interference.

Why the general teaching of the United States against the ASICs?

It is mainly due to a growing tension between the United States and the Asian country in the sectors of artificial intelligence (AI) and semiconductors. That is, the same thing that is happening in the field of the great language models (LLM) between Depseek and Chaggpt, but on the stage of the chips. This growing tension would not be limited as much as a commercial rivalry between China and the United States. Behind, both world powers would be looking to limit each other Access to military and security and surveillance critical technologies. Therefore, the seizure of Mining Asics of Chinese manufacturers (Microbt, Canaan and Bitmain) is also carried out for reasons of «national security.» Let it be because US customs is looking . The internal possibility (and need) is stimulated to manufacture asics with own chipsat home.

Promote the manufacture of local ASICS

The United States would begin to be important in an industry where the manufacture of ASICs depends almost entirely on Chinese manufacturing. According to Minerstat and its ranking, 16 of the 20 most profitable miners in the world are currently Bitmain, the Chinese company. 20 of the 20 ASICS are manufactured in China or by a company of that origin, that operates in another country.

Bitmain antminer monopolizes the most profitable bitcoin miners ranking. Source: Minerstat producing more bitcoins in the United States with national manufacturing devices would not only stimulate the country's internal economy, it could also contribute a bit to Bitcoin decentralization. This is something fundamental for network safety and currency holders, being the United States (and its still potential Bitcoin strategic reserve) one of them. Block, the company led by Jack DORSEY, is one of the companies that could champion the creation of domestic use Asics in the United States. This through its branch focused on mining, called proto. The main objective of proto is not only to decentralize the distribution of hashrate, It is also do the same with hardware supply of miningto avoid the possibility of generalized failures, hardware errors and malicious construction.

Fight the centralization of Bitmain hardware

Greater diversification of manufacturing mining machines would help reduce failure points, such as the one demonstrated in 2021. Then it was pointed out that the miners of Bitmain Miners allow the remote code execution able to stop 70% of the hash rate of the team. According to Jihan Wu, co -founder of Bitmain, the intention of this code function is to «allow customers to control their distance miners» in case they are stolen. Today, the local Bitcoin Asics production in the United States is not very moved. According to the Directory of Asic Miner Value, only a few and barely known American companies manufacture this kind of hardware. The vast majority of second -line known companies such as Goldshell, Jasmine and Iceriver also come from Asia, specifically from China.

Few Asics companies are Americans and known. Source: Asicminervalue is as it may, the seizure of mining equipment, directly or indirectly, especially if intensified, leads to the local production of Asics in the United States, but only after a sinking, at least transitory. «All Bitcoin will undermine in the United States,» Trump once said during his presidential campaign. However, reality for now is the opposite: confiscations They are stopping the production processes of companiesthat they do not see profits or even lose money every day that their Asics, already payments, cannot undermine Bitcoin.